San Luis Obispo Child Development Center

Child Development Resource Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237111804 ✦ San luis obispo, CA ✦ Designated as a 501(c)(3)

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Overview

What is San Luis Obispo Child Development Center?

The San Luis Obispo Child Development Center, also known as the Child Development Resource Center, is a nonprofit organization situated in San Luis Obispo, California. Their primary mission is to protect children and support families in need by providing educational and therapeutic programs. Their preschool program aims to strengthen families and prepare children for a regular school setting, employing various techniques from child development and therapy practices. The center offers an academic and socio-emotional foundation to help children learn and progress healthily as they transition into kindergarten. Discounted tuition and subsidy-based care are available to ensure all children have access to the necessary care. With a dedicated workforce of 40 employees, the San Luis Obispo Child Development Center is committed to healing, supporting, and strengthening families in need.


Official website here: www.slocdc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

The San Luis Obispo Child Development Center has received a notable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an impressive score of 96%, this rating indicates that the organization effectively manages its finances while adhering to high standards of transparency and governance.

One of the key strengths of the center is its fully independent board, which consists of five members, ensuring unbiased oversight and decision-making. The organization also demonstrates robust financial practices, as evidenced by a low liabilities-to-assets ratio of 16.60% and a program expense ratio of 92.39%, which indicates that a significant majority of its funds are allocated directly to its programs.

Overall, the center's comprehensive policies—including conflict of interest, whistleblower, and document retention policies—highlight its commitment to ethical governance. There are no noted limitations in the data, suggesting a well-managed organization that effectively serves its mission in the community.


This AI summary has been generated from information found on Charity Navigator.

Is San Luis Obispo Child Development Center legitimate?

San Luis Obispo Child Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Luis Obispo Child Development Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $122,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $743,055

For more financial information, click here


Official website here: www.slocdc.org

What is the mission statement of San Luis Obispo Child Development Center?

The San Luis Obispo Child Development Center's mission is centered around providing educational and therapeutic programs with the aim of safeguarding children. This commitment is demonstrated through healing, supporting, and strengthening families in need. The center's preschool program specifically aims to fortify families and prepare all children for a regular school setting. They achieve this by utilizing a range of techniques from child development and therapy practices. Each student is provided with an academic and socio-emotional foundation, enabling them to learn and progress healthily as they transition into kindergarten. The center also offers discounted tuition and subsidy-based care to ensure that all children have access to the necessary care.


Official website here: www.slocdc.org

Who is the CEO of San Luis Obispo Child Development Center?

Michael Passarelli is the President of San Luis Obispo Child Development Center.


Official website here: www.slocdc.org

What is the revenue of San Luis Obispo Child Development Center?

San Luis Obispo Child Development Center's revenue in 2022 was $1,335,949.


Official website here: www.slocdc.org

Who are the executives of San Luis Obispo Child Development Center and what are their salaries?

The average compensation at San Luis Obispo Child Development Center during 2022 was $21,648. There are 40 employees and 25 volunteers at San Luis Obispo Child Development Center.


Here are 8 key members and their salaries:


Michael Passarelli (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Dier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Prewett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trydyn Meachum (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Dier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Butler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Valentine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Holm (Executive Di)
  • Compensation: $122,869
  • Related: $0
  • Other: $0


Official website here: www.slocdc.org

Where can I find the form 990 for San Luis Obispo Child Development Center?

San Luis Obispo Child Development Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.slocdc.org

Learn more at the official website: www.slocdc.org

Mission Statement of San Luis Obispo Child Development Center

San Luis Obispo Child Development Center is dedicated to fulfilling its mission by providing educational and therapeutic programs that prioritize the protection of children. This commitment extends to healing, supporting, and strengthening families in need. The center's primary focus is on preschool programming, designed to prepare all children for a smooth transition into a regular school setting. They employ a variety of techniques, drawing from both child development and therapy practices, ensuring each student receives an academic and socio-emotional foundation that allows them to learn and progress healthily as they enter kindergarten. The center is committed to ensuring that all children have access to the necessary care, offering both discounted tuition and subsidy-based care options.

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Impact




October, 2024

San Luis Obispo Child Development Center has a profound impact on the community by providing essential educational and therapeutic programs that prioritize the well-being of children and their families. The center's preschool program is designed to strengthen family units and prepare children for a smooth transition into regular school settings. By incorporating a variety of child development and therapy practices, the center ensures that each student receives both an academic and socio-emotional foundation, promoting healthy learning and personal growth.

The commitment to inclusivity is evident through the availability of discounted tuition and subsidy-based care, which guarantees that all children, regardless of their family's financial situation, have access to vital support services. This approach not only enhances individual children's capabilities but also contributes to the overall resilience and stability of families in need, fostering a healthier community environment in San Luis Obispo.




This information is meant to be a general summary of San Luis Obispo Child Development Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,335,949 (2022)
Expenses
$1,365,027 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22
  • Program Service Revenue: $1,265,184
  • Gross Receipts: $1,335,949

Assets and Liabilities:

  • Total Assets: $1,043,326
  • Total Liabilities: $211,456
  • Net Assets: $831,870

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CALIF DEPT OF EDUCATION

Revenue

$1,176,861

CACFP PROGRAM

Revenue

$47,834

CRRSA STIPEND 2021 & 2022

Revenue

$38,900

OTHER FEES

Revenue

$1,007

PRIVATE PAY

Revenue

$544

Organization Details

Founding Year

1971

Principal Officer

Michael Passarelli

Main Address

1720 BISHOP STREET, SAN LUIS OBISPO, CA, 93401

NTEE Category

Code: P30 - Human services

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